According to a new market report published by Transparency Market Research (www.transparencymarketresearch.com) titled ‘Industrial Workwear Market (Product Type: Top Wear [Shirts, Sweatshirts, Jackets, Bibs, Caps, Rainwear, and Others], Bottom Wear [Trousers, Shorts, Rainwear, and Others], Overalls, and Footwear; End-use Industry: Oil & Gas, Construction, Manufacturing, Automotive, Chemicals, Hospitality, Logistics & Transportation, Mining, and Others; Fit Type: Men, Women, and Unisex; and Distribution Channel: Online and Offline [Direct, Wholesaler, and Retailer]) – Global Industry Dynamics 2018-19, Trends and Forecast, 2020–2027’, the global industrial workwear market was valued at US$ 4,513.4 Mn in 2018 and is expected to expand at a CAGR of 2.4% from 2019 to 2027.
Overview
• The Occupational Safety and Health Administration under the United States Department of Labor offers education and training programs. It provides standards and programs to train employers, managers, supervisors, etc. Additionally, it provides training to workers on their specific roles in various industries.
• In developed regions, such Europe and North America, industrial workwear, which are manufactured using functional textiles and include features, such as sensors, are widely used. However, in Asia Pacific and South America, affordability over safety is given importance. Thus, procurement of industrial workwear mainly depends on the cost of the product and basic criteria of safety offered by the product is fulfilled.
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Driving Factors
• Construction, manufacturing, and oil & gas industries are some of the prominent industries globally demanding industrial workwear. These industries are labor intensive and with enforcement of stringent workplace safety policies, the demand for industrial workwear is anticipated to grow.
• Various industries, such as oil & gas, automotive, and chemical, are equally fueling the demand for industrial workwear. Moreover, with growth of these industries and rise in awareness about work safety policies, the demand for industrial work wear is expected to increase.
Key Challenges
• Factors, such as lack of enforcement of stringent safety standards in various countries globally, are major challenges restricting the adoption of industrial workwear
Market Preference
• Adoption of industrial workwear is the maximum in the manufacturing industry. This is followed by construction and oil & gas industries. However, usage and adoption of industrial workwear also differs from country to country. For instance, market share of manufacturing and construction end-use industries is high in U.S., whereas the share of oil & gas end-use industry in the Middle East is higher as compared to other industries.
• High demand for industrial workwear and safe and durable workwear in Asia Pacific can be attributed to the growth of construction, manufacturing, and oil & gas industries in the region. This is expected to contribute to the expansion of the industrial workwear market in the region.
Competition Landscape
• The industrial workwear market is dominated by several players who are focused on the development of new products to cater to the rising and shifting consumer preferences, and meet industry norms and regulations
• The report includes the below mentioned pointers of major players operating in the industrial workwear market:
 Competition Matrix
 Company Overview
 Product Profiling
 Market Share Analysis (2018)
 Product Innovation
 Product Comparison Analysis
 Business Strategies/Recent Developments
 Technological advancements
 Key mergers & acquisitions
 Expansion strategies
 Company Financials

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